Orkla ASA (ORKLY) Set to Announce Quarterly Earnings on Thursday

Orkla ASA (OTCMKTS:ORKLY) will be announcing its earnings results before the market opens on Thursday, October 24th. Investors that are interested in registering for the company’s conference call can do so using this link.

Shares of Orkla ASA stock opened at $9.34 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.81 and a current ratio of 1.38. The firm’s 50-day simple moving average is $9.10 and its 200-day simple moving average is $8.69. Orkla ASA has a twelve month low of $7.48 and a twelve month high of $9.47. The firm has a market cap of $9.24 billion, a P/E ratio of 23.35, a price-to-earnings-growth ratio of 0.72 and a beta of 0.23.

Separately, ValuEngine lowered shares of Orkla ASA from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.

Orkla ASA Company Profile

Orkla ASA engages in the branded consumer goods, renewable energy, real estate, and financial investment businesses. The company offers branded products, including pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery retail trade, as well as the out-of-home, convenience store, and petrol station sectors.

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Earnings History for Orkla ASA (OTCMKTS:ORKLY)

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